Steve Spanolios
(Steven Spanolios)
Chief Operating Officer
Derby Copeland Capital
Owner
41 Madison Avenue 40th Floor New York, NY 10010
Derby Copeland Capital NYC portfolio
$177.5 million -elevator 50%, walkup 31%, mixed-use 11%; Manhattan 94%, Brooklyn 5%*
1053th largest portfolio by dollar value
202,945 sqft – elevator 52%, walkup 37%, mixed-use 8%; Manhattan 94%, Brooklyn 5%
1568th largest by SF
12 properties – Manhattan 83%, Brooklyn 16%
869th largest
262 residential units – Manhattan 95%, Brooklyn 4%
964th largest by residential units
Person Activity past 24 months:
Lender signatory: 22 for $255.4 million
Top Ten Associated Companies:
Icon Realty Management (13), Lloyd Properties (2), Derby Copeland Capital (2), Rybak Development (1), Four Winds Real Estate (1), Kadima Properties (1), Shore Assets (1), Penn South Capital (1), WB Property Group (1), Ashley Sabina Peled (1)
Top Ten Associated People:
Terrence Lowenberg (13), David Lloyd (2), William L. Brewer (2), Sergey Rybak (1), Joshua Landau (1), Marc S. Shore (1), Parag Sawhney (1), Ashley Sabina Peled (1)
Recent activity as signatory:
• Rybak Development borrowed $48.1 million from Derby Copeland Capital for 133 East 55 Street on May 22, 2026.
• Icon Realty Management borrowed $7.1 million from Derby Copeland Capital for 344 East 55 Street on April 30, 2026.
• Icon Realty Management borrowed $6.8 million from Derby Copeland Capital for 513 East 82 Street on April 30, 2026.
• Icon Realty Management borrowed $6.3 million from Derby Copeland Capital for 443 East 78 Street on April 30, 2026.
• Icon Realty Management borrowed $6.2 million from Derby Copeland Capital for 340 East 55 Street on April 30, 2026.
• Icon Realty Management borrowed $6.8 million from Derby Copeland Capital for 419 East 82 Street on April 30, 2026.
• Icon Realty Management borrowed $5.7 million from Derby Copeland Capital for 338 East 55 Street on April 30, 2026.
• Icon Realty Management borrowed $6.1 million from Derby Copeland Capital for 322 East 74 Street on April 30, 2026.
• Icon Realty Management borrowed $5.1 million from Derby Copeland Capital for 342 East 76 Street on April 30, 2026.
• Shore Assets borrowed $5.5 million from Derby Copeland Capital for 60 West 91 Street on December 23, 2025.
Latest Stories:
• Ellen McGrath pays $15.8M to Four Winds Real Estate for mixed-use in West Village (March 31, 2026)
• JP Real Estate Group pays $25.75M to Icon for adjacent rentals in Chelsea (February 23, 2026)
• Penn South buys 2 Manhattan rentals from Vishvass for $20.5M (October 17, 2025)
• Lloyd Properties pays $5.5M to Kupfermans for 2 walkups in Fort Greene (September 09, 2025)
• Icon signs $20M refi with Derby Copeland for 33-unit rental in East Village (July 22, 2025)
• Rybak Development signs $10M construction loan with Maxim in Midtown East (June 08, 2023)